N.Y. Comp. Codes R. & Regs. tit. 19 § 938.10

Current through Register Vol. 46, No. 51, December 18, 2024

Section 938.10 - Miscellaneous provisions

This disclosure shall not apply to:

(a) any corporation registered pursuant to article 7-A of the Executive Law has exempt status under section 501(c)(3), provided, however, that this disclosure shall apply to any in-kind donations of staff, staff time, personnel, offices, office supplies, financial support of any kind or any other resources to any corporation or entity that is qualified as an exempt organization by the United States Department of the Treasury under I.R.C. section 501(c)(4) when such in-kind donations are over $2,500 and from any corporation or entity that is qualified as an exempt organization by the United States Department of the Treasury under I.R.C. section 501(c)(3). In such case the entity receiving such in-kind donations shall disclose the fair market value and identify the I.R.C. section 501(c)(3) entity providing such in-kind donations and give notice within a reasonable time to the section 501(c)(3) entity that it shall be required to file a report with the Department of Law pursuant to section 172-e of the Executive Law; and

(b) any governmental entity.

N.Y. Comp. Codes R. & Regs. Tit. 19 § 938.10

Amended, New York State Register May 21, 2014/Volume XXXVI, Issue 20, eff.5/21/2014

Amended New York State Register February 15, 2017/Volume XXXIX, Issue 07, eff. 2/15/2017

Amended New York State Register May 9, 2018/Volume XL, Issue 19, eff. 1/1/2019